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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (32083)2/9/2000 12:01:00 PM
From: Zoltan!  Respond to of 77398
 
Hambrecht & Quist raises estimates 2/09/00


Overall, this quarters results were incredibly strong. Cisco continues to
benefit from the dramatic growth in the Internet. Cisco is the clear market
leader in traditional networking markets and it is extremely well positioned
in the emerging service provider equipment and integrated voice and data
equipment markets. The company also has several new product cycles underway
that will help sustain future sales growth.

- Raising FY00 and FY01 EPS estimates to $1.02 and $1.30 from $0.98 and $1.24, respectively, and maintaining our BUY recommendation.